poppy jk
09-24

Nvidia (NVDA): For me, there is absolutely no point buying NVDA shares now. Their Execs are still keep selling millions to thousands & thousands shares taking profit at $117-119.  After massive selling, the price drops to lower prices which NVDA might execute buybacks. The execs selling & NVDA buybacks likely explains the Volatile Up & Down pattern. I believe this pattern will persist for awhile.  Let the whales frolicking by themselves. Soon more & more people like some billionaires may follow suit to selloff as they can take their capital elsewhere to make more $$$. 

This revelation sets me free! No need gungho with NVDA at all anymore until one day I wake up see NVDA at $50! I buy! 

Modified in.09-24
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Comments

  • Alda8868
    09-25
    Alda8868
    嗯 市場全看一隻股票,這樣的股市,是常態嗎?全世界只剩輝達能買賣而已了嗎?英特爾當年也是稱霸全世界了吧?現在的下場如何?
    • poppy jk
      Do not worship Nvidia as 'god' [Grin]
  • Blueman13
    09-25
    Blueman13
    joker of the year
    • poppy jk
      NVDA hits lowest $80+ after splits. How many billionaires it will take to reach $50? [smile]
  • poppy jk
    09-25
    poppy jk
    Take note: Jensen Huang is done for selling for 2024 as last year. BUT not upcoming years. Nvidia Insider trades by heavyweight directors would be still selling. News are still popping up time to time some billionaires & Hedge funds are selling Nvidia shares.

    I repent from wishful thinking that its a small matter, no it is not.

    Price volatility over time can wear people out and it is unfair for investors to hold up their capital in hope waiting ....

    And for many whether you are long term or swing trade, last thing you want is to waste your time buying *high* then POP! Slide a few notches lower & stuck.

    Peace is Most Valuable over Price Roller Coasters.

    There are many other listed businesses can assure stability & yield notesworthy dividend ie traditional bluechips. I cannot say that for the present Nvidia.

  • TIGGER EK
    09-25
    TIGGER EK
    Nvidia drops to $50, I hope so!!! [Miser] [Miser] [Miser] [Miser] [Miser]
  • GRIFFRIFFLORENCE
    09-25
    GRIFFRIFFLORENCE
    isn't it awful when the entire market hinges on 1 stock.

    bubble time

  • HLPA
    09-25
    HLPA
    volatility is good for scalp trades
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